Bitcoin Forum

Last few weeks the price follows a perfect fractal movement, it's insane.
I traded on this behavior and made profit.

Why does it behave like this?

Do we really live in a simulated universe like some people suggest?

Price needs to find its natural balance given supply and demand and current mining rewards.

Of course we do. If there is a universe that ISN'T simulated, somewhere in an infinite timeline of infinite possibilities... you think we are in it? That's preposterous. I suppose I should set my old Celeron CPU up for solo mining, because I'll probably solve ALL the bitcoin blocks too.

You are correct of course, the but reason is simpler. It's because when presented with crisis or opportunity, people behave in predictable patterns.

Because traders act on TA signals, mostly MACD.

What's the price going to do next then?

The thing that the majority believes it won't do.

But findftp says he knows what it will do if it keeps following his perfect fractal movement.

Which is true, until he becomes a member of the majority.

This is going a bit catch22..

You should see the Fractal nature of Fractalcoin.  Limited to 1 million coins ever.

https://bitcointalk.org/index.php?topic=650173.0





A lot of people believe the idea that an infinite number of universes would mean that every possible universe exists.

But the set of all even numbers is infinite, and yet it contains no odd numbers.  Therefore, an infinite number of universes could exist without any of them bearing any resemblance to our own universe.

even IF we are in a simulated universe, then we are still the gamers largely controlling the "game" as I can hardly imagine some entity directly controlling the "game" from the outside. The introduction of bitcoin, however, does not look like a typical internal game move. It was too abrupt.


I thought that it is a large number, but not infinite, something like 10⁵⁰⁰

Litecoin log-view all of 2014: one straight line

Yes, collective wisdom in these charts is creepy as hell.